Expecting a longer term reversal soon from this pair, based on price action and also fundamentals. Looking for a sell on LTF around 1.72. If we break and retest the wedge lower boundary we'll be looking at 1.68 and a nice 400pip move.
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to reject from support zone. Like, comment and subscribe to be in touch with my content!
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill more from imbalance and then to reject from bullish order block + institutional big figure 1.70000. Like, comment and subscribe to be in touch...
H4 - Bullish trend pattern followed by a pullback in the form of double wave down. Bullish divergence. Until the two strong support zones hold my short term view remains bullish here.
GBPCAD has demonstrated a recent bullish trend, evident on the 4-hour time frame by the development of higher highs and higher lows. The current price swing indicates an imbalance beneath the price, potentially serving as a re-balance target. My approach involves anticipating a retracement into the 50-61.8% fibo zone, creating a favorable discounted entry point....
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, but for now I expect we can see a retracement price to fulfill the imbalance and then to reject from bullish order block + institutional big figure 1.71000. Like, comment and subscribe to be in touch with my content!
H4 - Strong bullish momentum. Bullish trend pattern. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to continue the retracement to fill that huge imbalance and then to react from bullish order block for a long position. Like, comment and subscribe to be in touch with my content!
Pair : GBPCAD ( British Pound / Canada Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves and making its Impulsive Waves. Bullish Channel as an Corrective Pattern in Short Time Frame wait for Rejection or Breakout. Strong Divergence in RSI
On the monthly charts we have a bearish trend targeting the monthly low. On the weekly charts we have a bullish correction that has cleared a previous ineffeciency. On the daily we have a change of character indicating a trends reversal. However, on the lower timeframe we have a bullish correction. On the 4 hour we are awaiting a change of character to signify a...
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We have a beautiful price action characterised by a break of structure, created a high that showed loss of bullish momentum followed by a low at 1.68879. The low is anticipated to be taken and we shall have a shift that is expected to hike price to the rejection block for sells to be taken. We have a 4 hour order block as our stop order and the ultimate target is...
GBPCAD if you take the Move starting 28 September 2023 until the 29 of November 2023 this is what you get. The power of technical Analysis guys. Will see if the market will continue to respect this pattern. But if not, the market covered almost 50 % of the pattern. Lets continue to watch and see....Cheers Folks
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short from premium zone. I want price to make a retracement to fill that huge imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
H4 - Bearish trend pattern. Lower lows. No opposite signs. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect the price to move lower further in the short term after pullbacks.
Hello Traders In This Chart GBPCAD HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders! ‼️ This is my perspective on GBPCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 1.70000. Fundamental news: Tomorrow we will see Interest...